Retech Technology Co., Limited announce that Mr. LANG Siyuan joined the Board as a non-executive director and a representative of City Savvy Limited (City Savvy) on 9 April 2021. At the same time, the non-executive director, Mr. LI Guo, the former representative of City Savvy, has resigned from the Board due to City Savvy internal arrangement. Mr. LANG is currently the Associate Director of the Asset Management Department of Huarong International Financial Holdings Limited.